Latest News - page 236

 

North Star Gets Its First CSOV Contract

Oct 15, 2024

UK-based offshore vessel owner North Star has secured its first contract for a commissioning service operation vessel (CSOV) from EnBW, which will be deployed at 960 MW He Dreiht offshore wind farm in Germany.This award for the newbuild Grampian Kestrel CSOV of VARD 4 22 design…

Ignitis Group Seeks Partner for Lithuania’s 700MW Offshore Wind Tender

Oct 15, 2024

Ignitis Group has set out plans to participate in the second offshore wind tender for the rights to develop around 700 MW of offshore wind capacity in the Baltic Sea, while also launching a selection process for the partner in potential developments…

Petronas to Proceed with South China Sea Oil and Gas Exploration

Oct 15, 2024

Malaysia's Prime Minister Anwar Ibrahim on Tuesday reiterated that state energy firm Petronas will continue to conduct oil and gas exploration activities in Malaysia's exclusive economic zone (EEZ) in the South China Sea, despite objections from China…

OSV Operates on Green Hydrogen

Oct 14, 2024

An offshore support vessel (OSV) has successfully operated on green hydrogen in the German Wadden Sea.Aiming to minimize its environmental impact, operator Acta Marine, based in the Netherlands, decided to install eCap Marine’s containerized…

North Sea Crude: Ekofisk and Forties Lose Ground

Oct 14, 2024

North Sea Ekofisk and Forties crude differentials lost ground in the week's opening session on keen selling interest in the Platts window.PLATTS WINDOW* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance, and freight (CIF) or delivered at place (DAP)…

ABS Unveils Rules for Floating Nuclear Power Plants

Oct 14, 2024

The industry’s first comprehensive rules for floating nuclear power plants have been unveiled by American Bureau of Shipping (ABS) at a forum for nuclear industry leaders held jointly with Idaho National Laboratory (INL).Held at ABS’ world headquarters in Texas…

C-Innovation Awarded IMR Contract from BP

Oct 14, 2024

Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) on Monday announced it has signed a new three-year contract with bp for field development, and inspection, maintenance and repair (IMR) work.The contract, which has options for two one-year extensions…

Fugro Names Annabelle Vos Director for Middle East & India

Oct 14, 2024

Fugro’s Board of Management has appointed Annabelle Vos as Group Director for the Middle East & India, effective January 1, 2025.Vos has been part of the Fugro family since 2016, when she joined as General Counsel and Chief Compliance Officer…

US Creates New Marine Sanctuary Along California Coast

Oct 14, 2024

The Biden administration on Friday announced the creation of the Chumash Heritage National Marine Sanctuary along California's central coast, a victory for the Chumash tribe that pursued the designation for a decade.The newly formed sanctuary is part of U…

Brazil's Petrobras to Reduce Investments Planned for 2025

Oct 14, 2024

Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX, three sources close to the matter told Reuters.The firm foresaw $21 billion of investments for next year…

Baker Hughes and Repsol to Optimize Oil and Gas Production using AI

Oct 14, 2024

Energy technology company Baker Hughes and oil and gas major Repsol have signed an agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) tool to optimize processes and workflows for oil and gas production…

Petrobras Inks Three Pelotas Basin Concession Contracts

Oct 14, 2024

Brazil’s state-owned oil and gas company Petrobras has signed three remaining concession contracts, acquired in partnership with Shell and CNOOC, in Pelotas Basin offshore Brazil.The concessions were acquired as part of the fourth Permanent Concession Offer Cycle…

Korea's Hanwha Raises Offer for Singapore's Dyna-Mac Takeover

Oct 14, 2024

South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0…

NES to Equip OMV’s New Field Support Vessel for Neptun Deep Project

Oct 14, 2024

Norwegian Electric Systems (NES) has secured a contract to develop and deliver the complete energy design, an integrated automation system and its future-oriented bridge system for a Field Support Vessel, being built by Green Yard Kleven for Romania’s OMV Petrom…

Rockhopper Sells Italian Assets and Instates Ombrina Mare Insurance Policy

Oct 14, 2024

Oil and gas company Rockhopper Exploration has put in place insurance policy to cover the event that the Italian Republic succeeds in annulling Rockhopper Ombrina Mare arbitration award, while selling its remaining Italian assets to Zodiac Energy…

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